Melone Private Wealth LLC Increases Position in Davis Select U.S. Equity ETF $DUSA

Melone Private Wealth LLC grew its holdings in shares of Davis Select U.S. Equity ETF (BATS:DUSA) by 76.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 25,575 shares of the company’s stock after buying an additional 11,063 shares during the quarter. Davis Select U.S. Equity ETF accounts for about 0.6% of Melone Private Wealth LLC’s investment portfolio, making the stock its 29th biggest position. Melone Private Wealth LLC owned 0.16% of Davis Select U.S. Equity ETF worth $1,225,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Royal Bank of Canada boosted its holdings in Davis Select U.S. Equity ETF by 16.7% during the 1st quarter. Royal Bank of Canada now owns 26,902 shares of the company’s stock valued at $1,138,000 after acquiring an additional 3,857 shares during the period. Integrated Wealth Concepts LLC lifted its position in shares of Davis Select U.S. Equity ETF by 5.3% during the first quarter. Integrated Wealth Concepts LLC now owns 13,956 shares of the company’s stock worth $591,000 after purchasing an additional 701 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Davis Select U.S. Equity ETF by 1.2% during the first quarter. Geneos Wealth Management Inc. now owns 88,123 shares of the company’s stock valued at $3,729,000 after purchasing an additional 1,080 shares during the period. Next Level Private LLC grew its holdings in shares of Davis Select U.S. Equity ETF by 8.2% in the second quarter. Next Level Private LLC now owns 318,009 shares of the company’s stock worth $14,717,000 after purchasing an additional 24,092 shares during the last quarter. Finally, Lantz Financial LLC increased its stake in Davis Select U.S. Equity ETF by 4.1% in the 2nd quarter. Lantz Financial LLC now owns 23,646 shares of the company’s stock worth $1,094,000 after buying an additional 937 shares during the period.

Davis Select U.S. Equity ETF Price Performance

Shares of DUSA opened at $51.96 on Monday. The firm has a market capitalization of $821.03 million, a price-to-earnings ratio of 17.61 and a beta of 0.97. Davis Select U.S. Equity ETF has a 1-year low of $36.83 and a 1-year high of $47.32. The company has a 50-day moving average of $49.50 and a 200 day moving average of $47.85.

Davis Select U.S. Equity ETF Company Profile

The Davis Select U.S. Equity ETF (DUSA) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed portfolio of US large-cap stocks. The fund seeks long-term capital growth and capital preservation. DUSA was launched on Jan 11, 2017 and is managed by Davis.